SPY vs TEMP
State Street SPDR S&P 500 ETF Trust vs JPMorgan Climate Change Solutions ETF
Which is better, SPY or TEMP?
Large Cap Blend against Large Cap Growth.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SPY | TEMP |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.49% |
| AUM | $804.7B | $8M |
| Dividend Yield | 0.98% | 1.31% |
| Holdings | 505 | 72 |
| Volatility (annualized) | 16.3%Best | 21.0% |
| Max Drawdown | -24.5%Best | -32.1% |
| $10,000 over 3.8 years | $15,273Best | $11,342 |
| Fund Family | State Street Investment Management | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 22, 1993 | Dec 13, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 349 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SPY has data through Sep 17, 2026 and TEMP through Oct 3, 2025.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 14, 2021 to Oct 3, 2025 (3.8 years).
Risk: Volatility and Drawdowns
TEMP has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 16.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.5% for SPY and -32.1% for TEMP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPY charges 0.09% per year while TEMP charges 0.49%. On a $10,000 position that is $9 vs $49 annually, a gap of $40 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 1.31% for TEMP.
You are not choosing between two funds in isolation.
Whichever of SPY and TEMP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPY or TEMP?
SPY has an expense ratio of 0.09% while TEMP charges 0.49%. SPY is the cheaper option, by $40 a year on a $10,000 investment.
Which is riskier, SPY or TEMP?
TEMP has been the more volatile fund at 21.0% annualized versus 16.3% for SPY. Worst drawdown: SPY -24.5% vs TEMP -32.1%.
Should I hold both SPY and TEMP?
SPY and TEMP have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SPY or TEMP?
SPY yields 0.98% while TEMP yields 1.31%, so TEMP currently pays the higher dividend yield.
Is TEMP better than SPY?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.